5th & West#1206
501 West Ave #1206, Austin, TX 78701
$2,650$4/SF
Bedrooms
1
Bathrooms
1
Living Area
652 sf
Days on Market
46
About This Property
Positioned at the corner of 5th Street and West Avenue, this one bedroom, one bathroom residence places you in the center of downtown Austin living. Just one block from Whole Foods Market and minutes from Lady Bird Lake, Trader Joe’s, and the vibrant Market and Warehouse Districts, the location delivers immediate access to dining, nightlife, and culture. Located within Fifth & West Residences, a boutique luxury building with just 154 residences, the community offers a more private, elevated living experience. Residents enjoy hotel caliber amenities including a 24 hour concierge, fitness and yoga studio, resort style pool with grilling area, guest suites, dog park with washing station, secure bike storage, and beautifully designed lounge and conference spaces. Inside, the residence features sleek modern finishes and a clean, open layout. Floor to ceiling windows bring in abundant natural light and showcase downtown Austin views, while blackout shades offer comfort and privacy when desired. The space allows for flexible living, whether you are working from home or entertaining. One reserved parking space is included, with an additional storage unit available and negotiable. Refined downtown living, lock and leave ease, and a location that truly delivers. Schedule your private showing today.
Property Details
Listed by Laura Olesen, Compass RE Texas, LLC
Source: Unlock MLS, MLS# 5912592
Information deemed reliable but not guaranteed.
Price History
| May 23, 2026 Day 27 | Price change | $2,750→$2,650/mo-3.6% $4/sqft |
| Apr 26, 2026 | Listed for rent | $2,750/mo+14.6% $4/sqft |
Show previous listings (9)▾
| May 18, 2025 Day 34 | Leased | — |
| Apr 14, 2025 | Listed for rent | $2,650/mo-8.6% $4/sqft |
| Apr 14, 2025 Day 0 | Price change | $2,650→$2,400/mo-9.4% $4/sqft |
| Apr 8, 2025 Day 63 | Listing removed | — |
| Feb 4, 2025 | Listed for sale | $575,000-4.0% $882/sqft |
| Apr 8, 2025 Day 22 | Listing removed | — |
| Mar 17, 2025 | Listed for rent | $2,900/mo+5.5% $4/sqft |
| Jan 22, 2025 Day 156 | Listing removed | — |
| Aug 19, 2024 | Listed for rent | $3,000/mo+13.2% $5/sqft |
| Aug 19, 2024 Day 0 | Price change | $3,000→$2,750/mo-8.3% $4/sqft |
| Oct 17, 2024 Day 168 | Listing removed | — |
| May 2, 2024 | Listed for sale | $645,000+20.6% $989/sqft |
| May 2, 2024 Day 0 | Price change | $645,000→$599,000-7.1% $919/sqft |
| Aug 1, 2023 Day 36 | Leased | — |
| Jun 26, 2023 | Listed for rent | $3,100/mo+12.7% $5/sqft |
| Jun 26, 2023 Day 0 | Price change | $3,100→$2,650/mo-14.5% $4/sqft |
| Jul 15, 2021 Day 24 | Leased | — |
| Jun 21, 2021 | Listed for rent | $2,750/mo+10.0% $4/sqft |
| Jun 21, 2021 Day 69 | Sold | — |
| Apr 13, 2021 | Listed for sale | $535,000 $821/sqft |
| Apr 23, 2019 Day 82 | Leased | — |
| Jan 31, 2019 | Listed for rent | $3,200/mo $5/sqft |
| Jan 31, 2019 Day 0 | Price change | $3,200→$2,500/mo-21.9% $4/sqft |
Sold and leased prices aren't shown per Unlock MLS rules — reach out to Jacob for this info.
Below: which way the unit faces, the floor plan, the building (year built, residences, amenities), the neighborhood character, and how this unit's $/SF lines up with recent sales here.
The Floor Plan
The Building — 5th & West
Built
2018
Floors
39
Residences
154
The Neighborhood — Market District
Austin's West Side hub anchored by Whole Foods, West 6th Street dining, and the West Avenue residential corridor.
About Market District →Is It Priced Right?
5th & West's 1-bedroom units, last 12 months · 5 closed sales
This range is a gauge, not a recommended price. What a unit should actually sell for depends on its floor, finishes, view, outdoor space, condition, and timing — this is one tool to orient yourself, not the answer.
How fast it's moving
On market 46 days — faster than the 81-day typical.
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